Ankhukhola Hydropower Limited has decided to invest Rs. 50 million in the 44 MW Upper Ankhukhola Hydropower Project.

A meeting of the company’s Board of Directors held on Ashwin 7, 2083 decided to invest Rs. 50 million in the project being promoted by Dhading Ankhukhola Hydro Pvt. Ltd.

According to the company, the Upper Ankhukhola Hydropower Project has a generation capacity of 44 MW and is being developed in Dhading.

The proposed investment is expected to contribute additional capital toward the development of the hydropower project as it moves forward.